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profitman

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    profitman replied to the topic Sharing Tips- in the forum General Property 19 years, 8 months ago

    [rolleyesanim] Tip
    Never believe all that you read especially when it comes to property investing.

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    profitman replied to the topic Where to now? Any tips? in the forum No Subject 19 years, 8 months ago

    I think I would refinance the Melbourne IP to a line of credit loan to its maximum debt ratio. Then I would purchase the 2nd IP for cash, if I had to contribute my 30k to complete the purchase then thats ok.Next I would get a construction loan to build the 12sq unit.This loan would be drip fed as the construction progresses.Once it is completed I…[Read more]

profitman

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